What Coins Are Supported by Bitpie Wallet on EVM Compatible Chains

Introduction∴

Bitpie Wallet is a versatile cryptocurrency wallet that not only supports a wide range of coins but also specializes in EVM (Ethereum Virtual Machine) compatible chains. Understanding which coins you can manage through Bitpie Wallet on these chains is essential for crypto enthusiasts looking to optimize their investments. In this article, we will delve into the various EVM compatible chains supported by Bitpie Wallet, list the coins associated with each chain, and outline how to utilize the wallet effectively.

What Are EVM Compatible Chains?

EVM compatible chains are blockchain platforms that can execute smart contracts built for the Ethereum network. This compatibility allows developers to deploy decentralized applications and tokens similar to those on Ethereum. Some popular EVM compatible chains include:

1. Ethereum
2. Binance Smart Chain
3. Avalanche
4. Polygon
5. Fantom
6. Harmony

Each of these chains has its unique features and benefits, making them attractive to both developers and users.

Supported Coins on EVM Compatible Chains

1. Ethereum

• ETH: The native currency of the Ethereum blockchain, used for transaction fees and as a digital currency.
• ERC-20 Tokens: A wide array of tokens such as Tether , Uniswap , Chainlink , and many others are compatible with Ethereum.

2. Binance Smart Chain

• BNB: The native coin of the Binance Smart Chain, used for transaction fees and in various DeFi applications.
• BEP-20 Tokens: This includes Binance USD , SafeMoon, PancakeSwap , and numerous others.

3. Avalanche

• AVAX: The native token used within the Avalanche ecosystem for fees, staking, and governance.
• Avalanche Tokens: Various tokens created on the Avalanche platform, such as BENQI and Trader Joe .

4. Polygon

• MATIC: The native token of the Polygon network, utilized for transaction fees and staking.
• Polygon Tokens: Tokens like AAVE, QuickSwap (QUICK), and more are available on this chain.

5. Fantom (FTM)

• FTM: The native coin of the Fantom blockchain, employed in DeFi governance and transactions.
• Fantom Tokens: Other compatible tokens on Fantom include Tomb Finance (TOMB) and SpookySwap (BOO).

6. Harmony (ONE)

• ONE: The native cryptocurrency for the Harmony blockchain, used in transaction fees and staking.
• Harmony Tokens: Various tokens including sushi (SUSHI) are supported.

How to Use Bitpie Wallet

Here’s a step-by-step guide to utilizing the Bitpie Wallet effectively:

Step 1: Download and Install the App

1. Go to the respective app store for your device (Google Play Store for Android or App Store for iOS).
2. Search for “Bitpie Wallet” and download the app.
3. Open the app once it’s installed.

Step 2: Create a New Wallet

1. Click on the ‘Create New Wallet’ option.
2. Follow the on-screen instructions to set up your wallet, ensuring you store your recovery phrase securely.
3. Set a strong password for additional security.

Step 3: Add EVM Compatible Chains

1. In the wallet, navigate to the ‘Chains’ section.
2. Select ‘Add New Chain’.
3. Choose from the list of EVM compatible chains (Ethereum, BSC, Avalanche, etc.).

Step 4: Managing Your Coins

1. To add coins, click on ‘Add Token’.
2. Search for the specific token you want to manage.
3. Click ‘Add’ to include it in your wallet.
4. You can also transfer coins by clicking on the ‘Send’ button and entering the recipient’s address.

Step 5: Secure Your Wallet

1. Regularly update your app to the latest version.
2. Use two-factor authentication (2FA) if available.
3. Regularly back up your wallet and recovery phrase.

Common Questions About Bitpie Wallet

1. What is Bitpie Wallet?

Bitpie Wallet is a multi-currency digital wallet known for its user-friendly interface and strong security features. It supports various cryptocurrencies and is particularly noted for its compatibility with EVM chains比特派钱包https://www.bitpiee.com.

2. Is Bitpie Wallet Safe?

Yes, Bitpie Wallet employs various security measures, including private keys stored on the device and encryption. It’s essential to back up your recovery phrase and maintain good security practices.

3. Can I Swap Coins in Bitpie Wallet?

Bitpie Wallet allows users to swap certain cryptocurrencies directly within the app, facilitating easy trading between supported coins.

4. Is there a fee for using Bitpie Wallet?

While the wallet itself does not charge a fee, transaction fees apply when sending or receiving coins. These fees are determined by the respective blockchain network.

5. How can I keep my wallet secure?

To keep your wallet secure, use strong passwords, enable 2FA if available, back up your recovery phrase, and avoid connecting to unsecured networks.

6. What should I do if I lose my recovery phrase?

If you lose your recovery phrase, you will not be able to recover your wallet or access your funds. It’s crucial to store your recovery phrase in a secure physical location.

With an understanding of Bitpie Wallet and the supported EVM compatible chains, users can confidently manage their digital assets, explore DeFi opportunities, and simplify cryptocurrency transactions.